Sometimes enough money seals the deal.
According to the LA Times, the court struggle between Insomniac and LA Coliseum has now come to an end. Finally after 6 years of back-and-forth in court, the CEO of Insomniac feels like he can breathe.
“I’m so pleased to finally be putting this matter behind me,” Pasquale Rotella said in a statement to LA Times.
The civil lawsuit followed the death of 15-year-old Sasha Rodriguez, who died in 2010 after a drug overdose at Electric Daisy Carnival. As records state, Rotella of Insomniac and Reza Gerami of Go Ventures were the only promoters to throw raves at the coliseum. Negligence raised questions of dirty business with Todd DeStefano, ex-events manager at the LA Coliseum.
Court documents cite DeStefano and another long-time employee of striking deals with Rotella and Gerami. The result? Underpayment and embezzlement. Nonetheless, the government-funded coliseum lost millions due to bribery between Rotella, Gerami, DeStefano, and then General Manager Patrick Lynch. Consequently, Lynch resigned in 2011 after 17 years with the company, according to the San Diego Tribune.
Earlier this year, Live Nation’s subsidiary announced it would be “taking a break” from EDC New York. Sources attribute the decision to the indictments and civil lawsuit. Despite the Superior Court ruling and scandal, Rotella remains hopeful of the future.
“It’s been a long journey to get where we are, and I’m excited about what’s next for me in my hometown of Los Angeles.”
Pasquale Rotella remains the CEO of Insomniac, now sentenced to three years probation. Live Nation has yet to comment.